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Models Of Knowledge And Systems Of Governance

The analysis of the main features of knowledge, in terms of domain, characteristics and processes makes it possible to trace significant shifts in the economics of knowledge. Changing emphasis about the role of knowledge appropriability, divisibility and tradability has provided different solutions to the knowledge trade-off. Three different and rival concepts of technological knowledge can be identified: a) knowledge as a public good, b) knowledge as a proprietary good, c) knowledge as a localized, collective and complex, path dependent activity. Such a shift has relevant implications in terms of governance mechanisms, strategic attitude of agents and public policy making.

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Paper provided by University of Turin in its series Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series with number 200501.

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Length: 21 pages
Date of creation: Oct 2005
Date of revision:
Handle: RePEc:uto:labeco:200501
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  1. Arrow, Kenneth J, 1969. "Classificatory Notes on the Production and Transmission of Technological Knowledge," American Economic Review, American Economic Association, vol. 59(2), pages 29-35, May.
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  9. G. B. Richardson, 1998. "The Economics of Imperfect Knowledge," Books, Edward Elgar, number 1524, April.
  10. Alchian, Armen A. & Demsetz, Harold, 1973. "The Property Right Paradigm," The Journal of Economic History, Cambridge University Press, vol. 33(01), pages 16-27, March.
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  12. Allen, Robert C., 1983. "Collective invention," Journal of Economic Behavior & Organization, Elsevier, vol. 4(1), pages 1-24, March.
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  15. Mansfield, Edwin & Schwartz, Mark & Wagner, Samuel, 1981. "Imitation Costs and Patents: An Empirical Study," Economic Journal, Royal Economic Society, vol. 91(364), pages 907-18, December.
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  17. Machlup, Fritz & Penrose, Edith, 1950. "The Patent Controversy in the Nineteenth Century," The Journal of Economic History, Cambridge University Press, vol. 10(01), pages 1-29, May.
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